Commerzbank’s Thu Lan Nguyen notes that EUR/USD has nearly returned to pre-war levels as the Euro (EUR) proves resilient and the US Dollar (USD) retreats.
Commerzbank’s Thu Lan Nguyen notes that EUR/USD has nearly returned to pre-war levels as the Euro (EUR) proves resilient and the US Dollar (USD) retreats. Markets expect the European Central Bank (ECB) to hike in June, but Nguyen doubts pricing for three hikes by year-end.